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Hyderabad (Telangana) [India], September 16 (ANI/BusinessWire India): Hyderabad-based CARE Hospitals Group, an asset of TPG Growth managed Evercare Fund, and India Medtronic Private Limited, a wholly-owned subsidiary of Medtronic plc (NYSE: MDT), today announced the first gynecology (hysterectomy) procedure in Asia-Pacific using Hugo robotic-assisted surgery (RAS) system. The announcement was made in the presence of T Harish Rao, Minister of Finance, Health, Medical, and Family Welfare, State of Telangana; Jasdeep Singh, Group CEO of CARE Hospitals; Dr Nikhil Mathur, Group Chief of Medical Services, Dr Manjula Anagani, Padmashree awardee, Clinical Director and HOD of CARE Vatsalya Woman and Child Institute; and Mansi Wadhwa Rao, Head of Growth Programs, Medtronic India. The milestone procedure was performed by the expert clinical team of CARE Hospitals, led by Dr Manjula Anagani, at the group's flagship facility located at Banjara Hills. The patient, a 46-year-old woman, was suffer
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The global urology devices market is projected to reach USD 46,408.2 million by 2026 from USD 38,005.6 million in 2021, at a CAGR of 4.1%.
Market growth is driven by factors such as the growing number of hospitals and investments in endoscopy and laparoscopy facilities, rising incidence and prevalence of urological conditions, and growing preference for minimally invasive procedures. On the other hand, the high degree of market consolidation is expected to limit market growth to a certain extent in the coming years.
The consumables & accessories segment accounted for the highest growth rate in the urology devices market, by product, during the forecast period